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he can pass the obama tax cut and say look, i'm bringing in revenue. i lowered the deficit. pass his tax cut. a win and he can blame the g.o.p. i would argue i don't think the g.o.p. had the ball on this fight. i don't think they gave it up. i don't think they had it. it's very tough for them to win against the white house like this. and a white house press corps that is not going to report anything negative against the president. >> eric: the ball is a debt ceiling. remember, all the negotiations, tell you, i'll get to greg, they have to go through the house. money negotiations go through the house. if the house says no on raising debt ceiling they can create havoc. go ahead. >> greg: i don't care anymore. >> kimberly: okay. you did last week? >> greg: as a human being in this discussion, i have already lost. both options going over the fiscal cliff and not going over the fiscal cliff are losers. that leads to a big lie. when this was made it was supposed to be bad for both sides. remember, high taxes and democrat sweet 16 party. they love that stuff saming that to dems is saying i
pass the obama tax cut and say look, i'm bringing in revenue. i lowered the deficit. pass his tax cut. a win and he can blame the g.o.p. i would argue i don't think the g.o.p. had the ball on this fight. i don't think they gave it up. i don't think they had it. it's very tough for them to win against the white house like this. and a white house press corps that is not going to report anything negative against the president. >> eric: the ball is a debt ceiling. remember, all the negotiations, tell you, i'll get to greg, they have to go through the house. money negotiations go through the house. if the house says no on raising debt ceiling they can create havoc. go ahead. >> greg: i don't care anymore. >> kimberly: okay. you did last week? >> greg: as a human being in this discussion, i have already lost. both options going over the fiscal cliff and not going over the fiscal cliff are losers. that leads to a big lie. when this was made it was supposed to be bad for both sides. remember, high taxes and democrat sweet 16 party. they love that stuff saming that to dems is saying i don't kn
of tax increases obama and the democrats passed before th be last election and 90% of those tax hikes were delayed, conveniently. the president got himself safelyse reelected.ion and then we have the massive spending, $8 trillion in debt obama is running up over the next decade. republicans have several schools. right now they have very little leverage onra this debate over e fiscal cliff because that stuff happens automatically, but the idea of a debt ceiling increasef they told obama more than once if you want a trillion dollars, you will need that eight times in the next decade they will have to cut spending a trillion have to cut spending a trillion eric: i'm a republican, congressman, senator tax pledge to not raise taxes. teo if somebody approaches me and says here is a bill that says if youhi sign this we will cut taxn for 98%, how can you say no to that? my point is this. the administration is winning the war of optics. if they played it this way, do they not win? >> they won the war of optics so far because everything has beene done. done inside closed walls.nd f if c-span, f
to clear out.÷s+0t netflix trying if get more social, it is waiting for president obama to sign a bill passed by congress that removes restrictions on companies sharing video rental history, once it is allowed to do that netflix users will be able to share information with >m facebook that is business news live at the new york stock exchange, ellen brightman, bloomberg . >>> mike is here with a look at the forecast and our little bitty break. >> you are coming up with a lot of neat technical terms. little bitty break, like that.wy the rain. can see cloud cover starting to open up=/w, as we k down to the south from our roof cam at the embarcadero center with the lights still on, ferry building to the bay bridge, good news, no rain out of these clouds. doppler tracking waiting for anything to fall, it is not going to happen. no rain, so thin they will dissipate as we head through the afternoon,zc'u increasiypz sunshine today, yesterday we talked about a rainbow day me some of your pictures and you this was from brentwood yesterday morning. this one spanning the bay bridge this was from
for members to reconvene on sunday. we can go off the cliff. pass the obama tax cut and reinstate the sequester cuts to things like he likes like the national institute of health and cut the defense budget. put republicans in the corner to say you want to bring a bill to the floor? be my guest. am i right? >> bob: my, you are cynical. keep in mind, they said, boehner said he wants to go to the senate. under the constitution, you cannot start a bill on taxes in the senate. has to come from the house. there is a 48-hour limit because you have to have the house of representatives look at it. i think the deal is cut. they will get legislation and vote on it late monday night. >> andrea: do you think a deal is cut? i talk to people and they say no deal. >> eric: there is no deal. they are saying no deal. president obama coming back to d.c. to fix what he broke in the first place. two solid years to deal with it. this is a gimmick, the flying back from hawaii to do this. nothing going over the fiscal cliff. let the tax cut expire. come back in, offer the tax cuts for people under 250. c
it's time for president obama to lead. the threshold question is, can something pass the house of representatives? can john boehner put something on the floor that needs the majority of democrat support that will not get republican support and none to speak of that would allow taxes to go up for people making more than $250,000 or 400,000 as was in the president's last offer and the answer to that question remains very, very unlikely. so we are where we are. this ain't schoolhouse rock, that's for sure. it's not like the house passes a bill, the senate passes a bill. this is a stand yau and the looks like the ultimate version of white house gridlock. >> right. and you mentioned the threshold. we have senator murkily on later today to talk about how crucial the filibuster is. i want to go right to steve kornaki here. we talk about the weather sometimes because it's more fun than politics. i want to play some sound about how cold the weather can get whenever harry reid and mitch mcconnell are in the same room. take a listen to this. >> what was the feeling in that room for you? >
twist themselves into knots. the media are giving obama a complete pass on this one and not holding his feet to the fire on anything and keeping the gun fire on the republicans at all times. the media have been just about as silent as anyone else. all the media accept for stuart varney. stuart: flattery is the fondest milk in television. i have a prediction from you. i personally think there will be some kind of awful last-minute deal, tax the rich, don't cut spending, ignore the debt. i think that will happen. what is your prediction? >> i will put my kids and your prediction. republicans will take another step, go back another five to ten yards on the football field and the problem will just get even worse. stuart: do you think -- [talking over each other] >> the tech increase, don't anybody forget this, according to three different studies, is going to cost the american economy 700,000 jobs. you wonder why we can't get out of this mess. stuart: we are out of time but that was good stuff and i appreciate the flattery. you will be back, thank you very much. military technology is givin
, if it doesn't start with $250,000, it's not going to pass. >> wait a second, obama went up to $400,000. >> what's he done on entitlements? >> he did the change cpi that would bring it down. >> that's not true. >> no. listen, he did nothing. john boehner has conceded some things. the last move, not a smart one. >> can we talk more about vampires? >> we can. only during the commercial break. >> oh, okay. >> and now a word from our sponsor. is it okay to fire an employee for being simply irresistible? greg has had this problem over and over but he is still here. we will tell but it next. >> after working so many years side by side, i didn't have any idea that that would have crossed his mind. ♪ [ male announcer ] imagine facing the day with less chronic osteoarthritis pain. imagine living your life with less chronic low back pain. imagine you, with less pain. cymbalta can help. cymbalta is fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes i
says if you pass this, a million dollars and higher, we won't sign that d president obama said he would veto. >>he president moved from his initial position. his position during the campaign was $250,000. but he showed a willingne to move. the speaker, to his credit, wanted to move. the speaker has been trying to move. i think the speaker wants to get a deal but he has to convince the individuals within his conference that -- to support him, give him the deal. he's not been ableo do that. so we're caught. >> throughout this process it seems president obama has moved to the goalpost. first it was $600 billion then -- remember when the debt ceiling, what started this mess was a breakdown in the debt ceiling negotiation. we were trying to figure out how to fix the debt. supereconomy. >> president obama says $600 billion, boehner was ready to sign and he said maket 800. >> the problem now was the problem we had then about whether or not boehner would have had the votes. the numbers they come to are close now, basically $500 billion. it's close on both sides. so we should be able to get a de
is specific and leading to regulation. dodd frank is vague. third in the environmental area, where the obama administration did not succeed to get the legislative wish list pass. they do that through the epa and regulatory way. if you put it together, i think the u.s. economy is people get off the back a little bit. take off a little bit. we have energy discoveries. we had a slow growth for three or four years. investment on the sideline ready to go. not in president obama's interest. he pulls back some, i suspect we could have the decent growth. they are aggressive regulators in the different parts of hhs, epa and financial areas. i don't know that the president is willing to rein them in. economic growth here. >> you mentioned the epa. inhof of the science committee issued a report back in october where he said the obama administration not just the epa but several agencies are working to find way to regulate the hydraulic fracturing at the federal level to stop the practice altogether. irony is fracking is one thing in the environmental -- excuse me, manufacturing sector that lifted up the
, the possible exception here, drew, is if the senate can pass something, a scaled-back version of the obama plan, perhaps if the senate passes something, i think that will remove some of the pressure for house speaker john boehner. i think that will put more pressure on his troops. it's possible that something like that could get through the house, but i wouldn't bank on it, bet on it or gamble on it on the stock market. >> something very interesting happened yesterday, tim geithner sent a note to harry reid saying basically, hey, we're out of money on january 31st. that has to do with the debt limit and raising the debt limit. do you think at all that kind of financial pressure is going to play into this? >> it's interesting, if we go over the f 'tis cal cliiscal cl should buy some room. the fiscal cliff is a cut in taxes and a cut in spending which should relieve some of the spending toward the debt limit. it is a factor in terms of long range planning for the united states government. but actually going over the cliff might buy some more time. so i think what secretary geithner was doing was
three business days to pass legislation to avoid going over the fiscal curb. president obama has cut his hawaii vacation short and is on his way back to washington. the democratic senate will be in session tomorrow but the republicans are staying home. the republican aides tell nbc news that the house will not be in for business tomorrow. they released the statement calling on the senate to act first. senate majority leader harry reid quickly responded with a statement of his own. how else republicans pushed middle class families closer to the cliff by wasting an entire week with their incompetent plan b stunt. it is time for house republicans to put middle class families first by passing the senate's bill to protect 98% of americans from a tax hike on january 1st. the senate bill could pass tomorrow if house republicans would simply let it come to the floor. despite the impasse in washington, a new gallup poll shows 50% of people still believe it is likely that president obama and republicans will reach an agreement before we go over the curb on january 1st. among the believers is conse
passed a bill that drops restrictions on sharing user's video rental history. these revisions now with president obama signature before becoming law. >> lifting the restrictions allowing net flicks his additional there was also to media outlets by facebook and twitter. >> the new feature will be available to use in the u.s. starting the new year. >> continuing to track gas price across the bay area the average price of private picture posted by mark zuckerbergs sister on a parcel that the profile of the lead. facebook marketing directors of following them posted on twitter count for more than $40,000 to sea. >> and his sister ready to it at the facebook directors and a picture was meant for france only. >> content to dry gas price across bay area the average price per gallon of regular gasoline remains at three rows in sentences col. $3.49 and oakland. $3.50 in san jose. and at $3 system to sent here in california statewide. >> to toyota settled with our orders over unintended acceleration in 2009 and 2010. >> and a glass agreed to pay more than a billion dollars to install new sa
republicans failed to pass the alternate plan instead placing the responsibility on president obama and senate democrats' shoulder. according to the "washington post" gop leaders vowed to go into session to vote on anything the democratic controlled senate approved. however speaker john boehner demanded the senate first take a look at the bill the house moved through a month ago that preserved the expiring tax cuts for the wealthy as well as the middle class. that's not likely given the president's position on raising taxes for those making more than $250,000 a year. >> i want us to not go over the cliff because i think if we do it hurts our economy and it hurts our country. >> middle class people should know their taxes go up a average of $2,000 a year and also start making meaningful reform on the debt. >> the president and speaker boehner have not spoken since yesterday but shortly after the final talk the president urged congress to pass at least a scaled down measure to avoid going over the fiscal cliff. now unless both sides can agree on anything close to $1 trillion in spending cuts and
prediction, probably the right one, they're going to go home. suddenly once it passes, obama wim introduce his own package which will look like what he's proposing now, and they'll have nothing to do but accept it or else they'll get blamed for everything. >> can you recall a time in your life when you were aware of politics that encompasses, what, a couple of years, at least? a comparable level of incompetence in washington? >> the only thing i can think of is the last four years. i actually spent some of the time over the holidays for my sins reading bob woodward's book. and my overall reaction to all this is groundhog day. it's the same exact issues, some of the same players, same cautions of spending, entitlements, taxation, debt celling, what have you, nothing has changed. so what's so depressing to me is we've had four years or longer to wrestle with these issues. there's virtually been no signs on progress. here we are now with two more self-imposed ceilings. and increasingly, we've got a u.s. government that sticks a gun to its head. sorry to use gun metaphors, but basically sticks
. roping off the fiscal cliff. president obama and congress return, but they will need support from house republicans to pass the deal. is congress any closer to a compromise? >> a small village in the dominican republic has a new school thanks in part to local administrator. i have details, next. >> of baltimore school administrator is making a difference around the globe. >> this is great. she volunteered for a week in dominican republic and helped build a new school their. >> claire donehower is the assistant principal at the kennedy krieger school in baltimore. she took on another role as a volunteer in a mission to the dominican republic. >> i think it was a unique chance to take my love of working with kids and bring it into a completely different area. >> she was one of 40 volunteers chosen to complete the elementary school in a small village. they did everything from building walls with cinderblocks to painting to stuccoing. but her favorite part was interacting with the community. >> it was such a powerful experience and different than i expected. i wanted to save everyone from t
legislation. it is time for president obama and senator reid to act. >> one thing an amos piece. senate passed a bill which protected folks making 250 and less and small businesses from a tax increase. that is collecting dust in the house right now. jon: well, doug, let me throw it back at you, this is the same senate that hasn't passed a budget in three years, even the president's budget got no votes in the senate the last time around. how can they lay all of the blame at the feet of the house of representatives? >> i would say, look, i think everyone shares in the blame what is going on here and but i do think that what you're seeing on the house is this, a almost a reluctance to take yes for an answer the president has put forward a plan which results in $2 trillion in total spending cuts. protecting tax cuts for the middle class and small businesses. 98% of individual, 97% of small businesses. he has talked about doing some entitlement reform. if i was republican i would say, you know what? that is perfect. i'll take it. that is stuff they have been working on for years and they weren't ab
to congressional vote is to come up with a plan that both houses would pass and president obama would sign. >> for decades and decades the american people have watched the ball drops in times square. the countdown to midnight. this year the american people are waiting for a ball to drop but not a good ball. americans' taxes are approaching the wrong direction. come the first of this year, americans will have less income they have today. if we go over the cliff, it looks like that is or where headed. the house of represent is as we speak has four days left after today. they are not here. the speaker has not told in the they have 48 hours notice. >> if i cannot imagine their consciousness. we are here trying to get something done. >> if nothing is done the bush era tax-cut expire at the end of the year. plus a 2% payroll tax how they will expire as well. >> the american family will release 4% more their paycheck to taxes if no deal is reached by the end of the year. >> also sharp spending cuts will kick in. >> we have >guidner warning about the u.s. debt ceiling- to-timothyguidnr. >> white h
on whatever the senate can pass, but the senate first must act. " president obama returned early from hawaii today, still pushing to extend tax cuts for the middle class, but raise rates on the well-off. aides said he made phone calls last night to speaker boehner and house minority leader nancy pelosi, as well as senator reid and his opposite number, minority leader mitch mcconnell. but today, mcconnell gave no indication of movement. >> last night i told the president we'd be happy to look at whatever he proposes, but the truth is we're coming up against a hard deadline here, and as i said this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: adding to the urgency, treasury secretary timothy geithner warned he'll have to begin taking "extraordinary measures" to postpone a government default. the government is on track to hit its borrowing limit on monday, he said with no prospect of congressional action to raise the limit. here
. >>> what do americans think of president obama's cabinet picks so far? >> a tornado that tore through town. why witnesses say -- and what it felt like. ,,,,,,,,,,,, [ crickets chirping ] [ traffic passing ] ♪ [ music box: lullaby ] [ man on tv, indistinct ] ♪ [ lullaby continues ] [ baby coos ] [ man announcing ] millions are still exposed to the dangers... of secondhand smoke... and some of them can't do anything about it. ♪ [ continues ] [ gasping ] >>> welcome back. current temperatures in the 40s, lots of clouds keeping temperatures slightly warmer than initially anticipated. it is looking dry this morning. and it's helping us out on the roads no big hot spots out there now. checking three traffic cameras here is a live look across the bay bridges all at the limit. we'll have traffic and weather together coming up every 10 minutes. >>> thank you. >>> for the cost of a postage stamp a group of bay area women received a priceless gift. cbs 5 reporter juliette goodrich explains how it all started with a discovery in a thrift store. >> these five cards must have somehow gotten mixed
on national retailers. in san francisco, christian cap, ktvu channel 2 news. >>> president obama is expected to head back to washington from hawaii tonight. today, house speaker john boehner said it's up to the senate to pass legislation to avoid the steep cuts and tax hikes that are set to take effect january 2nd. some observers say it looks likely the u.s. will go over that cliff allowing lawmakers then to vote to lower taxes after they first go up. >> to make them look better? to appease voters? is that the reason? great. . >> meanwhile, another showdown is looming. the government will hit its federal debt limit on new year's eve and could default unless congress passes legislation to permit more borrowing. >>> the passage of proposition 30 gave governor brown the extra money he wanted for california schools. now he's working on a proposal to differencevy up the funds. eats work -- divvy up the funds. >> he wants to return more accountability, authority and decision-making down to local school districts because teachers, administrators and parents have a better sense of what their local p
. the tax agency has warned congress that if no new policy is passed, the irs will need to reprogram its computers, forcing a delay in filings and tax refunds until march of 2013. president obama and members of congress are set to return for one day more of talks to avert spending cuts at the same time tax cuts expire. one alternative being floated - congress may let income taxes go up on everyone one tick past the stroke of midnight, then quickly vote to decrease tax rates for most americans back to 2012 levels. meanwhile, starbucks ceo howard schultz wants his employees to send a message and scrall, "come together," on cups for drink orders in the d.c. area. it's the first time employees have been asked to write anything other than customers' names on cups. former members of a regulatory agency are walking the well worn path from washington to wall street. since june, 9 members of the commodity futures trading commission have taken jobs at financial firms including jpmorgan chase and japanese investment bank nomura, according to the wall street journal. members of the cftc have been ma
news is that obama and democrats do seem to be committed to making sure that unemployment is part of whatever eventual deal is passed. republicans backs are up against the wall here, there's a decent chance it gets in, at least shortly after the new year if we go over the cliff, then they'll be eligible for retroactive benefits. the hilarious thing here is how extensive this chaos is. all of these unemployment offices are going to have to send out letters and they're going to have to recon figure their computer systems and do it all over again. put people through all of this heartbreak over nothing. >> well, clearly, the unemployment are the ones that are going to get stiffed here. they are benefits, doesn't speak to the fact they'll have needs that won't be met immediately, if they had some reserve, they'll be fine. most especially, those who are poor and vulnerable don't have those reserves. >> right. >> let's listen to senator john barrasso on president obama's position. >> i think the president is eager to go over the cliff for political purposes. i think he sees a political v
pass the sainted simpson bowles plan. you've heard of the plan. they have 2.6 trillion in tax increases. president obama's latest offer to john boehner has 1.2 trillion in taxes. that is half as much, less than half than simpson bowles, and less than a quarter of what is in -- simply going over the fiscal cliff. i think the tax increases are too little. they are what they are. and it's something to remember as we reach the edge and you hear a lot of complaints about the tax side of obama's offer. what he's asking for in terms of tax increases is not that radical, it's way less than if we don't reach a deal. contrary to what you may have heard, republicans want to raise taxes too. shocker, right? >> the superficial take on this, the argument between democrats and republicans is between democrats who love taxes, just want to tax everything. and republicans who totally grover norquist taxes, they hate them, that is not true. to a degree that kind of disturbs me, actually, the two parties mostly agree on keeping the bush tax cuts. up to $250,000 in income, which is a lot of income. republic
is now split on enforcing existing laws instead of passing new ones. 40¢ per set of the public wants to enforce current laws while 47 once the legislation. this is a big law to ban assault weapons which is backed by president obama has not gained much support since october 2011. 44 percent support and assault weapons ban while 51 percent are against it. >> today 200 use of teachers will get the proper training to be able to carry a weapon. the utah shooting sports council said it would waive its $50 fee for concealed weapons training for the teachers. it's an idea gaining traction in the aftermath of the connecticut school shooting. you ties among few states that let people carry license concealed weapons and the public schools without exception. >> to fire fighters were wounded by gunmen and was that is new york house on fire and then killed two other firefighters say they are thankful for the support they have received. there rochester hospital released a statement from the fire fighting say they are " normal and a bit overwhelmed " by the outpouring of support and well wishes for
. it quickly became the most retweeted photo of all time. now the obamas are talking about what inspired the moment. >> because i love my wife. >> well, and, also, i hadn't seen him in a while. i mean, you know, when you're campaigning, they have two ships passing in the night. and the first time i saw him was when i walked on stage to greet him. and that's my honey giving me a hug. >> i've given you plenty of hugs. >> janine says everyone wants to be hugged like that. terry says in a wold full of fakes and lies, this moment was genuine. while his hugs may be a hit, president's singing is causing some controversy. but it's not what you think. we'll tell you about that coming up. and we want to hear what you think? please head over to facebook and search "politics nation" and like us to join the confers that keeps going long after the show ends. dude! up high! ok. don't you have any usefull apps on that thing? who do you think i am, quicken loans? ♪ at quicken loans, our amazingly useful mortgage calculator app allows you to quickly calculate your mortgage payment based on today's incre
the obama administration on the key arguments in the case, was just as the commerce clause of article i although congress to pass the individual mandate, which says the individuals have good health insurance. as i sat in court on june 28th in her chief justice roberts announce a decision in the case, i learned the answer to that question, which was no, it doesn't. the commerce clause does not allow the court, the congress to invoke an individual mandate. but then in a decision that stunned many people, but no one more than me, john roberts reached for a subsidiary argument that had only been pending, only mentioned in passing that the supreme court and lower courts that the individual mandate is a permissible use of the taxing power of congress and not the commerce clause and thus the law could be upheld. a question of finance dissipate by. there were three main reasons. one is i think you have to take his opinion at face value. he simply thought of this legitimate use of the taxing power. i think the second and third are more important. the second and third -- the second is that john r
harry reid and obama are getting away with. it is incredible that republicans have allowed democrats to find issues. -- to define the issues. it is amazing to me that harry reid who has not passed a budget in three years, boehner is not up there raising heck about it, it does not make sense. republicans wonder why they squandered. i do not know if you heard or i guess you played it, harry reid's speech on the floor of the senate this morning, why wasn't mcconnell up there right after him? but, should have been up there making a response. republicans -- they are suicidal, and it is a shame. my last statement will be we do not need a compromise, we need term limits, 12 years, two six- year terms for senators and that is the only thing that will save our nation, get those guys out of here and get some fresh blood in there. thank you very much, and have a happy new year. host: thank you very much for your calls. also, a special web page we have set up for you at c-span for all things related to the fiscal cliff. you can watch video of hearings and briefings, also a live twitter stream. t
outcome if the american voters had not chosen president obama to be reelected. so we had to wait until november 6 honestly before we could seriously take on the important and difficult issues involved in this debate. but that time is passed. the president has stepped forward, he's made a proposal and he's made concessions on his proposal, he continues to be here. he flew back from a family vacation that i know is as important to him as all of our family vacations are over the holidays to be here in washington. and to be part of the conversation and the dialogue. i hope that speaker boehner will bring back the house of representatives. we cannot do this alone. we must do this with their leadership and their cooperation. and the point that's been made by senator reid over and over again is that this is an issue, this is a challenge which we can successfully resolve and we must before we go over the cliff. mr. president, i ask consent the following statement be placed in a separate part of the record. the presiding officer: without objection. mr. durbin: the pending business are amendment
Search Results 0 to 34 of about 35 (some duplicates have been removed)